PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
(PAMPA ENERGY INC.)
Building #4
C1425DSR
Buenos Aires
Argentina
Form 20-F ___X___ Form 40-F ______
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.)
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b): 82- .)
Buenos Aires, November 26th, 2010
To:
BUENOS AIRES STOCK EXCHANGE
ARGENTINE SECURITIES COMISSION
Your Offices
Ref.: Investment Agreement regarding an
exploitation block known as “Rincón del
Mangrullo”
Dear Sirs,
In my capacity as Responsible for Market Relations for Pampa Energía S.A. (“Pampa” or the “Company”), I address the Argentine Securities Commission and the Buenos Aires Stock Exchange in relation to the relevant event published in November 19, 2009 about the offer from YPF S.A. (“YPF”) accepted by Petrolera Pampa S.A. (“PEPASA”), a company controlled by Pampa, to enter into an investment agreement (the “Agreement”) regarding the exploitation block known as “Rincon del Mangrullo” located in the Province of Neuquén (the “Area”) over which YPF holds an Exploitation Concession.
We remind you that, subject to the fulfillment of certain precedent conditions during a period of one year since the Agreement’s signature date (the “Term”), PEPASA would have carried out investments in the Area up to a maximum of US$ 29,000,000 in exchange for the cession by YPF of certain rights and obligations, including the right over 50% of the hydrocarbon production obtained from the geological formations in the Area subject to the Agreement.
In that sense, and as a result of the lack of response to our request for a postponement of the Term for the fulfillment of the precedent conditions, the Agreement has expired.
Lastly, I take the opportunity to inform that the Company has ensured the natural gas supply of Central Térmica Loma de la Lata, which was inaugurated yesterday, through gas supply contracts under the Gas Plus program entered into with Apache Argentina S.R.L. and Pan American Energy Argentine Branch, among other companies.
Kind Regards,
_______________
Romina Benvenuti
Responsible for Market Relations
Pampa Energía S.A. | ||
By: | /S/ Roberto Maestretti | |
Name: Roberto Maestretti Title: Chief Financial Officer |
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